WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Shares Down 0.3% – Time to Sell?

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) traded down 0.3% during mid-day trading on Thursday . The company traded as low as $92.19 and last traded at $92.89. 19,408 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 33,642 shares. The stock had previously closed at $93.14.

WisdomTree U.S. High Dividend Fund Price Performance

The business has a 50 day simple moving average of $96.44 and a 200 day simple moving average of $92.83. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 10.92 and a beta of 0.67.

Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund

Several hedge funds have recently bought and sold shares of DHS. NewEdge Advisors LLC purchased a new position in WisdomTree U.S. High Dividend Fund in the second quarter valued at $2,159,000. Great Valley Advisor Group Inc. raised its position in WisdomTree U.S. High Dividend Fund by 143.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 41,723 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,587 shares in the last quarter. World Investment Advisors LLC purchased a new position in shares of WisdomTree U.S. High Dividend Fund in the 3rd quarter valued at about $1,530,000. Envestnet Asset Management Inc. grew its position in shares of WisdomTree U.S. High Dividend Fund by 18.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,819 shares of the company’s stock worth $8,444,000 after buying an additional 15,198 shares in the last quarter. Finally, Blair William & Co. IL grew its position in shares of WisdomTree U.S. High Dividend Fund by 79.1% during the second quarter. Blair William & Co. IL now owns 20,005 shares of the company’s stock worth $1,692,000 after buying an additional 8,835 shares in the last quarter.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index.